Quebec economy: better outlook

Desjardins Leading Index (DLI) increased significantly for a fifth month in a row in September, according to the information published by that financial institution on November 21. This index points to a better outlook for the Quebec economy in the coming months.

Desjardins' economists forecast a GDP growth of 1.8% in Quebec in 2015, an improvement from this year (1.5% projected) and last year (1,0%). Will that be enough to see positive changes in the labor market?

Link to DLI analysis:   

http://www.desjardins.com/ressources/pdf/ipd1114e.pdf?resVer=1416577260000

World Economy: Slower Rate of Expansion

The world economy continues to expand, but at a slower pace. This is what we can read from the most recent J.P.Morgan Global Manufacturing & Services PMI results published November 5 by Markit Economics.

Link to the Markit press release:

http://www.markiteconomics.com/Survey/PressRelease.mvc/7de72a0e9c894224992372cd912bebe2